Telson Mining Corporation (“Telson” or the “Company” (TSX-V, OTC
Pink-SOHFF, Frankfurt-TSGN (formerly SQ82)) is pleased to announce
results of historic Leachox Process testing for the possible
increase of gold and silver recoveries on the Campo Morado tailings
material in 2013 by Maelgwyn Mineral Services of Cardiff UK.
Highlights
Final Tails
- The test work achieved a maximum gold
dissolution of 65 % after an effective 10 passes
of Aachen oxidation, at a grind specification of 80% - 20
μm.
- The maximum silver dissolution of 75%
was achieved after an effective 40 passes of
Aachen oxidation, at a grind specification of 80% - 40 μm.
Reforma Zone Sample
- The test work achieved a maximum gold
dissolution of 45% after an effective 40 passes
of Aachen oxidation, at a grind specification of 80% - 20
μm.
- The maximum silver dissolution of 81 %
was achieved after an effective 40 passes of
Aachen oxidation, at a grind specification of 80% - 10 μm.
In Telson’s ongoing quest to maximize the returns from Campo
Morado production, the Company has recently become aware of and had
discussion with, senior members of Maelgwyn Mineral Services,
Maelgwyn conducted preliminary testing of samples from Campo Morado
in 2013 for Nystar, the project’s former owner. The samples were
from 2013 process tailings, presumably G9 Zone, as well as fresh
mineralization from the Reforma deposit, a future production
zone.
The Leachox testing indicated that substantial increases in
precious metal recoveries could be available at Campo Morado using
Maelgwyn Leachox Process. Very positive results were obtained in
the 2013 testing for both of the samples submitted with a maximum
recovery of 65% gold and 75% silver at a grind size of 20 microns
from the process tailings sample and a maximum recovery of 45% gold
and 81% silver at a grind of 40 microns from the Reforma deposit
sample. The report stated, “It should be noted that the above test
work was peformed at a scouting level only and higher recoveries
would probably be achieved with optimisation work”.
“The Leachox precious metal recovery testing conducted by
Maelgwyn demonstrates that significant increases up to 65% gold and
81% silver are possible at Campo Morado” states Antonio Berlanga,
Telsons CEO. “Should additional planned Leachox testing of
optimization work to confirm recoveries, ultimate best grind size
and reagent additions show a path forward to a commercial
installation of this technology, we could improve recoveries from
current levels of gold at 15-20% and silver 30-40%, which would
significantly increase the mines profitability by increasing the
ounces of gold and silver produced at Campo Morado.”
About Maelgwyn Minerals’ Leachox
Refractory Gold Process, a patented technology
process.
Maelgwyn Mineral Services Ltd (MMS) holds a European Patent for
its Leachox process for the treatment of refractory gold ores. Over
the 10 years since first receiving a European patent the Leachox
process route has become the industry leader in the low-cost
recovery of gold from refractory and sulphide orebodies. There is
now world-wide installed capacity of Leachox to recover over 3
million ounces per annum of gold contained in sulphides in such
operations as; the Kibali Mine in the DRC, the Tongon Mine in Cote
d’lvoire both now owned by Barrick Gold (formerly owned by Rangold
Resources), the TGME mine in South Africa owned by Barberton Mines
and the Vasilkovskoye Mine in Kazakhstan owned by Vasilkovsky
MMC
The Leachox process uses simple ultra-fine grinding equipment
combined with the Aachen Reactor; a proprietary low pressure, high
shear mass transfer device utilising oxygen to partially oxidise
the sulphides. When combined with the liberation of gold by the
ultra-fine grinding of concentrates it results in acceptable but,
more importantly economic gold recoveries.
The Leachox process is a partial sulphide oxidation process for
the recovery of gold and silver from sulphide minerals. Depending
upon the mineralogy a number of processes are used but central to
the Leachox process is the Aachen shear reactor. In the leach
process, it enhances the kinetics and reduces reagent consumptions
(oxygen, cyanide and lime) which otherwise can be prohibitive. The
reactor is designed to introduce a high degree of shear which
removes passivating films that may lead to loss of recovery.
For more detailed and technical information on the process,
please visit the Maelgwyn website at:
https://www.maelgwyn.com/maelgwyn-minerals-leachox-refractory-gold-process-hits-the-gold-standard/
About Telson Mining Corporation
Telson Mining Corporation is a Canadian based mining company
with two Mexican gold, silver and base metal mining projects.
Effective May 15, 2018 Telson declared commercial production at its
100% owned Campo Morado Mine, which is currently producing zinc and
lead concentrates with gold, silver and copper as by-products.
Telson's 100% owned Tahuehueto Project, located in north-western
Durango State, Mexico is currently in construction development.
Pre-production commenced at Tahuehueto in August 2017, currently
mining at a rate averaging approximately 200 tonnes per day and
shipping ore to a third-party toll mill for processing. Management
has a targeted timeline at Tahuehueto to be producing with its own
on-site mineral processing plant, with a designed capacity of at
least 1,000 tonnes per day, Q3-Q4 2019.
Metal concentrate deliveries and sales are well underway from
both projects.
Visit: www.telsonmining.com
On behalf of the board of directors
(signed) “Ralph Shearing”
Ralph Shearing, P.Geol, President and Director
Cautionary Note Regarding Production Decisions and
Forward-Looking Statements
Statements contained in this news release that are not
historical facts are “forward-looking information” or
“forward-looking statements” (collectively, “Forward-Looking
Information”) within the meaning of applicable Canadian securities
laws. Forward Looking Information includes, but is not limited to,
disclosure regarding possible events, conditions or financial
performance that is based on assumptions about future economic
conditions and courses of action; the timing and costs of future
activities on the Company’s properties, such as production rates
and increases; success of exploration, development and bulk sample
processing activities, and timing for processing at its own mineral
processing facility on the Tahuehueto project site. In certain
cases, Forward-Looking Information can be identified by the use of
words and phrases such as “plans”, “expects”, “scheduled”,
“estimates”, “forecasts”, “intends”, “anticipates” or variations of
such words and phrases. In preparing the Forward-Looking
Information in this news release, the Company has applied several
material assumptions, including, but not limited to, that the
current exploration, development, environmental and other
objectives concerning the Campo Morado Mine and the Tahuehueto
Project can be achieved, the continuity of the price of gold and
other metals, economic and political conditions and operations.
Forward-Looking Information involves known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of the Company to be materially
different from any future results, performance or achievements
expressed or implied by the Forward-Looking Information. There can
be no assurance that Forward-Looking Information will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on Forward-Looking
Information. Except as required by law, the Company does not assume
any obligation to release publicly any revisions to Forward-Looking
Information contained in this news release to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190401005259/en/
Glen SandwellCorporate Communications
Managerir@telsonmining.comTel: +1 (604) 684-8071
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